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    RealMalatesta
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    October 08, 2021, 11:53:40 AM
     #2941

    I support this discussion on what to do better - to burn tokens or make a buyback. 
    I am also a supporter burn tokens.  By the way, even Ethereum is now using the method of burning 🙂. 
    I agree that the buyback will most likely negatively affect the price of the token, and will not bring an advertising effect.  And of course, 2 years in the gambling market, and even with powerful support, this is an excellent proof of the company's solvency and reliability.
    I guess it is obvious that both of that would be a big help, after all why would we want something like a huge omitting of tokens go to waste, we would want that. However how to do it would be a very important thing as well. What we need to realize is that tokens do not come cheap even for the team, burning millions of dollars worth tokens if they could is something they would have to consider, sure smaller amounts could be easier but it would also not have a big impact.

    So, we are technically asking the whole ecosystem to destroy money that would mean something to them, either from project owners, or community or whoever. It is not a basic decision to make, it is quite difficult.
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